Chicago Mennonite Learning Center

Analysis

Chicago Mennonite Learning Center is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in February 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Chicago Mennonite Learning Center reported income of $681k and spending of $32k, leaving 95% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $91k to $681k (+652%), an average of +66% a year. The sharpest change came in the year to June 2024, when income rose by 728%. Over the whole period it spent 26% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chicago Mennonite Learning Center sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IN. Charities of a similar size with the same main cause include Dublin Jerome High School Booster Club Inc ($681k), Central Brooklyn Economic Development Corporation Inc ($681k) and New Hampshire Academy of Science ($681k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.0% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.